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Closed
United States
2020 (6 Years)
Last online: No recent activity
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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.
Get to know FTX US
Company Information
Get to know FTX US
FTX US was launched in 2020 as the American affiliate of the global cryptocurrency exchange FTX. Positioned as a separate, regulated entity to comply with U.S. laws, it was founded by Sam Bankman-Fried and Gary Wang. The platform aimed to provide U.S. residents with a secure and compliant venue for trading digital assets, including cryptocurrencies and NFTs. It later expanded its offerings to include stock trading through its "FTX Stocks" service. The company's operations came to an abrupt halt in November 2022 when it, along with its parent company and over 100 affiliated entities, filed for Chapter 11 bankruptcy amidst a liquidity crisis and allegations of customer fund mismanagement.
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